(A) Pursuant to the provisions of UCA § 17C-1-201.5, the Limited Purpose Local Government Entities - Community Reinvestment Agency Act (the “Act”), the county hereby creates a Community Development and Renewal Agency (the “Agency”), contingent upon the issuance by the Lieutenant Governor of a certificate of creation under UCA § 67-1a-6.5.
(B) The name of the agency shall be the Morgan County Redevelopment Agency.
(C) The geographic boundaries of the Agency shall be coterminous with the geographic boundaries of the county.
(D) Upon creation, the Agency shall be vested with all the powers set forth in the Act and as otherwise provided by law.
(E) The governing body of the Agency shall be a Board consisting of the members of the County Commission.
(F) Within ten days of the adoption hereof, the County Commission shall file or cause to be filed with the Lieutenant Governor a notice of this subchapter, including therewith a copy of this subchapter as required by UCA § 17C-1-201.5(2)(a).
(G) Upon issuance by the Lieutenant Governor of a certificate of creation under UCA § 67-1a-6.5, the Agency shall be created and incorporated.
(Prior Code, § 1-6A-1) (Ord. 08-05, passed 8-19-2008)